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Podcast: Bloomberg Daybreak: Asia Edition
Episode: Energy Fuel Crunch Hits Asia
Description: Business and finance news from the Asia-Pacific. Asian stocks followed their US peers lower in early trading Friday, with oil prices in focus on growing fears that the war in Iran will further crimp energy supplies and boost inflation. Brent oil traded near $100 a barrel as both US President Donald Trump and Iran's new supreme leader struck defiant tones, with the latter saying the Strait of Hormuz should remain shut. Preventing Iran from having nuclear weapons and threatening the Middle East is "of far greater interest and importance to me" than the cost of oil, Trump said...